FTS International, Inc. (FTSI) Reports In-Line Q4 EPS

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Go back to FTS International, Inc. (FTSI) Reports In-Line Q4 EPS

FTS International Announces Fourth Quarter and Fiscal Year 2018 Financial and Operational Results

February 27, 2019 4:45 PM EST

FORT WORTH, Texas--(BUSINESS WIRE)-- FTS International, Inc. (NYSE: FTSI) (the Company or FTSI) today reported its financial and operational results for the fourth quarter and full year 2018.

Michael Doss, FTSIs Chief Executive Officer, commented Despite a more challenging market, we delivered solid results in the fourth quarter. Our adjusted EBITDA per fleet was higher than we initially expected even though we experienced lower pricing and more than normal white space in our operations calendar near year-end. We generated healthy free cash flow, allowing us to continue reducing our net debt.

Fourth Quarter 2018 Compared to the Third... More